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Search resuls for: "Peter Herweck"


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data center, in Navi Mumbai, India, on Thursday, Mar. Some of the options on the table include a pivot to nuclear, liquid cooling for data centers and quantum computing. A server room at a data center in India. Alongside nuclear energy and liquid cooling technology, some tech players have suggested developments within AI could help to decarbonize data centers. Aerial view of a data center owned by the US multinational and technology company Google in Santiago on October 9, 2024.
Persons: Somya Joshi, Frisio, Dhiraj Singh, Raj Hazra, Peter Herweck, Eric Schmidt, SEI's Joshi, Joshi, Hazra, Rodrigo Arangua Organizations: Yotta Data Services, Bloomberg, Getty, Big Tech, Stockholm Environment Institute, SEI, CNBC, International Energy Agency, Swiss, ABB, Microsoft, Google, Schneider Electric, Motivair Corp, Quantinuum, Afp, Honeywell Locations: Navi Mumbai, India, Mar, Stockholm, U.S, Santiago, South America, Quantinuum
Products displayed at the Schneider Electric SE booth at the International Photovoltaic Power Generation and Smart Energy Expo in Shanghai, China, on Thursday, June 13, 2024. The chief executive of French power-equipment maker Schneider Electric said on Thursday that the firm's $850 million deal to take a controlling stake in U.S.-based liquid cooling company Motivair will help to bolster its offering to fast-growing and energy-intensive data centers. "We've always said we are going to be agile in respect to acquisitions and targets out there that fit exactly into the strategy of Schneider Electric," Schneider Electric CEO Peter Herweck told CNBC's "Squawk Box Europe" on Thursday. Herweck said the all-cash deal to acquire an initial 75% controlling interest in the equity of Motivair, which was announced on Thursday, was "rich, but not overly expensive" and "fits great" with the firm's strategy. The acquisition takes place as a global rush for the next wave of generative AI coincides with increasing public scrutiny on environmental concerns, with technology giants recently pivoting to nuclear in an attempt to power its AI ambitions.
Persons: We've, Peter Herweck, CNBC's, Herweck, — Sam Meredith Organizations: Schneider, International, Power, Smart Energy Locations: Shanghai, China, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSchneider Electric CEO: Go from grid to the chip, from chip to the chillerPeter Herweck, CEO of Schneider Electric, talks about the firm's acquisition of a controlling interest in cooling company Motivair Corp as part of Schneider Electric's data centre push.
Persons: Peter Herweck, Schneider Organizations: Schneider, Schneider Electric, Motivair Corp
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSeeing growth in China despite economic slowdown, Schneider Electric CEO saysPeter Herweck, CEO at Schneider Electric, discusses the firm's second-quarter results which have been the best in the company's history.
Persons: Peter Herweck Organizations: Schneider Electric Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'It was good to have businesses at the table' at COP28, says Schneider Electric CEOPeter Herweck, CEO of Schneider Electric, discusses artificial intelligence, the energy transition and green hydrogen with CNBC.
Persons: Peter Herweck Organizations: Schneider, Schneider Electric, CNBC
Schneider CEO’s tenure is refreshingly sustainable
  + stars: | 2023-02-16 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Feb 16 (Reuters Breakingviews) - Schneider Electric (SCHN.PA) sells products like circuit breakers that help customers manage their energy consumption in a sustainable way. Jean-Pascal Tricoire’s leadership of the French industrial software group reinforces the image of long-term reliability. Peter Herweck, now the boss of Aveva, the British software group Schneider bought last month, will take over in May. Tricoire’s term is uncommon: only 19% of CEOs stay in the job for more than 10 years while the median tenure is just five years, according to a PwC study. Over the last two decades Schneider’s revenue has quadrupled to 34 billion euros.
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